News Centre

EBA Notifies The European Commission And MEPs On The Outcome Of Its Enquiry Into The Application Of EU Law On AML In Malta

Date 25/09/2018

The European Banking Authority (EBA) today notified the European Commission and Members of the European Parliament on the outcome of its enquiries in relation to the application of EU law on anti-money laundering (AML) in Malta by the Malta Financial Services Authority (MFSA). 

The Yield Curve And QE - Speech By Gertjan Vlieghe, External Monetary Policy Committee of the Bank of England, Given At The Imperial College Business School, London

Date 25/09/2018

In his speech, Gertjan Vlieghe looks at looks at influences on short versus long term interest rates. With current inflation risks we should expect yield curves to be flat, unlike the 1970s and 1980s. These fundamentals have been in place since the Bank of England independence, well before quantitative easing (QE) started, so we do not need to resort to QE to explain the current shape of yield curves. QE does affect the yield curve, but it does so primarily by affecting expectations of future monetary policy, revealing the central bank’s reaction function. This view of how QE works implies that unwinding QE need not have a material impact on the shape of the yield curve, or indeed on the economy, if properly communicated and done gradually. 

CME Group Launches Free Tool To Help Market Users Gauge Futures Market Liquidity Across Time Zones

Date 25/09/2018

A powerful new tool to measure futures market liquidity is now available to CME Group market users around the globe. The CME Liquidity Tool allows traders  to measure current and historical liquidity of CME Group futures products across asset classes, free of charge. Armed with around-the-clock liquidity data, clients can capitalize on new trading opportunities in increasingly deep and liquid CME Group futures markets across time zones around the globe. 

London Stock Exchange Group Board Appointments

Date 25/09/2018

London Stock Exchange Group plc (LSEG) today announces that Marshall Bailey OBE and Ruth Wandhöfer will join the Group Board as Independent Non-Executive Directors. Marshall’s appointment is effective immediately and Ruth will join the Board from 22 October 2018.

Acquisition Of Prime Analytics LLC And Placing

Date 25/09/2018

KRM22 plc, (AIM: KRM:L) the technology and software investment company, with a particular focus on risk management in capital markets, is pleased to announce the acquisition of Prime Analytics LLC (“Prime Analytics”), a Chicago based risk management technology company, for a maximum total consideration of $7.5 million (the “Acquisition”) in line with its investing policy.

FSB And IMF Publish The 2018 Progress Report On G20 Data Gaps Initiative

Date 25/09/2018

The Financial Stability Board (FSB) and International Monetary Fund (IMF) today published the third progress report on the implementation of the second phase of the G20 Data Gaps Initiative (DGI-2). The report updates on the work undertaken since September 2017 to advance implementation of the twenty recommendations aimed at addressing the data gaps identified after the global financial crisis and promoting the regular flow of timely and reliable statistics for policy use. The progress report will be submitted to the G20 Finance Ministers and Central Bank Governors in October.

SG Americas Securities Charged For Improper Handling Of ADRs

Date 25/09/2018

The Securities and Exchange Commission today announced that SG Americas Securities LLC will pay more than $800,000 to settle charges of improper handling of “pre-released” American Depositary Receipts (ADRs), predominantly by its predecessor entity.

Tax Whistleblower Receives $13.6 Million Dollar Award

Date 25/09/2018

Whistleblower attorneys Stephen M. Kohn and Dean Zerbeare pleased to announce today that a joint client – who wishes to remain anonymous – received a whistleblower award under the new IRS whistleblower award program of $13.6 million dollars.  In this case, the whistleblower provided information that led to the government collecting over $52.6 million dollars in taxes, penalties and interest in the case. 

Office Of The Comptroller Of The Currency Releases Bank Supervision Operating Plan For Fiscal Year 2019

Date 25/09/2018

The Office of the Comptroller of the Currency (OCC) today released its bank supervision operating plan for fiscal year (FY) 2019.

ESMA Finds Deterioration In Liquidity In Stressed Financial Markets For Both Sovereign And Corporate Bonds

Date 25/09/2018

The European Securities and Markets Authority (ESMA) today publishes a working paper examining liquidity in EU fixed income markets, providing a broad overview of market liquidity in EU sovereign bond and corporate bond markets.